ELEKTRO DN
ActiveThe computed 12-month bankruptcy probability of ELEKTRO DN is 2.0% (moderate). The 2025 annual accounts show equity of €277k and a net result of €104k. Equity is growing by ~41.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 27386 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
89
/ 100
Excellent▲ +23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency60▲+23
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 0.6 in 2024), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
13.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 d early
2024
16 d early
2023
44 d early
2022
40 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€277k▲ 41.5%
2024 · €196k
2022: €98k
2023: €135k
2024: €196k
2022 → 2025
Total assets
€764k▲ 14.7%
2024 · €666k
2022: €153k
2023: €774k
2024: €666k
2022 → 2025
Net result
€104k▲ 71.4%
2024 · €61k
2022: €93k
2023: €38k
2024: €61k
2022 → 2025
Working capital
€32k
2024 · €-64k
2022: €78k
2023: €10k
2024: €-64k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€98k-€135k▲ 38.3%€196k▲ 45.0%€277k▲ 41.5%
Operating result€124k-€67k▼ 46.1%€109k▲ 63.9%€167k▲ 52.4%
Net result€93k-€38k▼ 58.7%€61k▲ 59.1%€104k▲ 71.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 52% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €764k
Fixed assets
€525k▼ 7.6%
Current assets
€239k▲ 144%
Equity and liabilities €764k
Equity
€277k▲ 41.5%
Debt
€487k▲ 3.6%
The debt ratio falls from 70.6% to 63.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€215k▲
2024 · €152k
Cash flow
€152k▲
2024 · €103k
Solvency
36.3%▲
2024 · 29.4%
Current ratio
1.16▲
2024 · 0.60
Quick ratio
1.16▲
2024 · 0.60
Debt / equity
1.76▼
2024 · 2.40
ROE
37.6%▲
2024 · 31.1%
ROA
13.6%▲
2024 · 9.1%
Interest coverage
12.27▲
2024 · 5.84
Debt
€487k▲
2024 · €470k
Debt ≤ 1 year
€207k▲
2024 · €162k
Debt > 1 year
€273k▼
2024 · €299k
Income taxes
€45k▲
2024 · €23k
Staff costs
€52k▲
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€666k€764k▲
Fixed assets21/28€568k€525k▼
Tangible fixed assets22/27€568k€525k▼
Plant, machinery and equipment23€1k€359▼
Furniture and vehicles24€57k€41k▼
Other tangible fixed assets26€509k€483k▼
Current assets29/58€98k€239k▲
Amounts receivable within one year40/41€59k€64k▲
Trade receivables40€41k€42k▲
Other amounts receivable41€18k€21k▲
Cash at bank and in hand54/58€38k€174k▲
Deferred charges and accrued income490/1€898€1k▲
Equity and liabilities
Total equity and liabilities10/49€666k€764k▲
Equity10/15€196k€277k▲
Contributions10/11€5k€5k=
Reserves13€191k€272k▲
Distributable reserves133€191k€272k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€470k€487k▲
Amounts payable after more than one year17€299k€273k▼
Financial debts170/4€299k€273k▼
Amounts payable within one year42/48€162k€207k▲
Current portion of amounts payable after more than one year42€28k€27k▼
Trade debts44€34k€57k▲
Suppliers440/4€34k€57k▲
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€94k€111k▲
Accrued charges and deferred income492/3€8k€7k▼
Income statement
Code20242025
Remuneration, social security and pensions62€47k€52k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€48k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€408€217▼
Gross operating margin9900€202k€270k▲
Operating profit (loss)9901€109k€167k▲
Financial income75/76B€40€148▲
Recurring financial income75€40€148▲
Financial charges65/66B€26k€17k▼
Recurring financial charges65€26k€17k▼
Profit (loss) for the period before taxes9903€83k€149k▲
Income taxes67/77€23k€45k▲
Profit (loss) for the period9904€61k€104k▲
Profit (loss) for the period to be appropriated9905€61k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€104k▲
Transfer from equity791/2-€23k
Transfer to equity691/2€61k€104k▲
To other reserves6921€61k€104k▲
Profit to be distributed694/7€0€23k▲
Return on contributions (dividend)694€0€23k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €104k ▲71.4%
Operating result €167k, net result €104k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲41.5%
4 profitable years in a row build equity to €277k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €196k ▲45%
3 profitable years in a row build equity to €196k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €38k ▼58.7%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €135k ▲38.3%
2 profitable years in a row build equity to €135k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lammersakker 38700 TieltGround area
1,183 m²
Building footprint
432 m²
Volume, LiDAR
2,679 m³
Parcel 37302E0725/00A000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKTRO DN
since 20212.325.709.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0725/00A000 | Flanders | 1,183 m² | 1 · 432 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GEMELEC
BE 0808.549.042
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Vanhoutte Jens
BE 0790.271.272
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HOME SAIL INDUSTRIAL
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 7,695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.